Cordero Updates coming ? To date there has been 113,000m of core drilling in 250 holes at the project since exploration drilling began in September 2009. All of the exploration data is being updated in the 3D Gocad Exploration Model by Mr. Vic Chevillon, VP Exploration for Levon, to review and advance the targeting at the project. The Company together with M3 and IMC Engineering is advancing all aspects of the engineering required to take the project to prefeasibility stage, including but not limited to water, power, and advanced metallurgy. Updates will be announced as they become available, this company could be worth a lot more now that silver is reaching $34.00 ?
Levon Resources is exploring its 100%-owned, 20,000-hectare (49,400-acre) Cordero Project in northwest Mexico. Cordero represents an outstanding and rapidly-growing target for porphyry silver, gold, zinc and lead. Exploration Phases 1, 2 and 3, which began in early 2009 and concluded in mid-2011, identified and expanded multiple, large-scale deposits analogous to Goldcorp's massive Penasquito Mine in terms of geology, metal assemblage and grade. Cordero's first NI 43-101 resource was announced in June 2011 and included 310M oz silver, 900,000 oz gold, 5.3B lbs zinc and 2.9B lbs lead. Phase 4 exploration, including 130,000m of core drilling, began in August 2011.
